MGT magnetite mines limited.

Gee, I wonder why! LolMaybe if you pull your head out the sand...

  1. 735 Posts.
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    Gee, I wonder why! Lol
    Maybe if you pull your head out the sand and stop living in fairyland you'd understand.

    Not sure what value you place on a big ol pile of stranded LOW GRADE magnetite that is NOT VIABLE.

    Your management has led you so far down sh!+ creek, all the while NEVER announcing a single BINDING agreement with institutional investors/ steel companies or anyone willing to front the cash for this.
    There's a very simple reason for this and I been saying it for ages now.
    Think about it, everything they announce is laced with "Potential strategic partners, Non Binding, Maximising share holder value at top of mind, We all believe in this project, Recomending share holders support us, The company is developing its 100% owned Razorback Iron Ore Project, bla bla bla. All of this is WORTHLESS SPIN designed and marketed to those gullible enough to swallow it and hand over their hard earned cash!

    Big end of town knows the viability of so called "MGT Razorback Project"

    A long way off fair value yet.

    Reality, is in motion.
 
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Last
9.0¢
Change
-0.004(4.26%)
Mkt cap ! $10.89M
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9.5¢ 9.5¢ 9.0¢ $11.06K 120.8K

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Price($) Vol. No.
9.1¢ 1796 1
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Last trade - 15.32pm 19/06/2025 (20 minute delay) ?
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